SpaceCoin has launched the first satellite to create an orbital blockchain infrastructure.
The company plans to deploy up to 10 satellites in 2025.
The project promises to increase the security and reliability of networks, as well as create an orbital data center.
The SpaceCoin startup team has taken the first step towards creating a decentralized space network by launching its debut satellite. This marks the beginning of a project to create an orbital blockchain with the aim of improving data security.
The launch took place on December 21, 2024, and the SpaceX Falcon 9 FT Block 5 launch vehicle was directly responsible for the payload. The launch took place from the SLC-4E launch pad, Vandenberg, California.
